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The market has signaled that the trader does not yet have permission to seek a change in mode. - Spydertrader

Correct. The Sequences completed at 15:45. With respect to 15:25, see my answer earlier today where 15:20 had to be a Point Two. (All times Eastern and [close of] ES bar) - Spydertrader

Either place each other on ignore or avoid responding to each others' posts. Magna has quite enough work to do without cleaning up a mess created by oversized egos. Thank-you in advance for your cooperation, and we return you now to our regularly scheduled programming. :) - Spydertrader

You want to avoid placing a lateral across a 'transition point' on your charts. In other words, where one thing ends and another begins. Even with doing so, note dominance entering the lateral (red), and dominance exiting the lateral (black). Something changed. :) - Spydertrader

I always provide a direct answer. The answers I provide are, quite often, not what people want, but they are what people need. Unfortunately, it isn't Pace Acceleration. Such an event occurs prior to the completion of a Traverse Sequence. Sequence complete. WMCN? Did it? - Spydertrader

Lack of 'continuation' As you have pointed out, clearly the market had its own ideas with respect to which bars provided a signal for change and which did not. Something must have alerted the trader that change wasn't on the table. What are the conditions where change cannot take place on...

Thanks for reminding me to clarify ... (On the chart labeled, 'part1.jpg') Both sets of 'Olive' Up Trendlines and The One set of 'Orange' Down Trendlines do not represent Traverses on the ES 5 minute Traverse Level trading resolution. - Spydertrader

No it did not. No such potential exists on this bar. It can only be a Point Two in real time - nothing else. Nope. A trader knows the market is moving between point One and Point Two prior to the arrival of Point Two, just as in this case, the market signaled 'Point One to Point Two'...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2137873>

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2137869>

The market had yet to complete its sequences (No permission to seek a change in mode). - Spydertrader

If I told you the sky was blue - right now at 3:07 PM, and you responded with, "Yea but, if I were in Bulgaria having a beer with Mr. Black the sky would be black right now." I'd respond by saying, "Well are you in Bulgaria - right now? Listen, anybody can decide something exists. Anyone...

Correct. It looks like one (based on price), but it lacks several other key ingredients which exist in all Traverses. Again, I refer specificaly to the ES 5 minute Traverse Level trading resolution only. - Spydertrader

Nothing to worry about. I expected people to have difficulty with today, as the market provided several areas which look almost exactly like what everyone has come to know as Traverses, yet a subtle difference exists which indicates this cannot be the case. Note the area between 11:40 and...

You are close on the Blue channel line - except it should be a Traverse line. Something tells you this is so. - Spydertrader

Fine if you 'jump fractals' but a train wreck if you don't. 11:40 to 12:30 also does not form a Traverse on the ES Five minute fractal (I assume you annotated that as well, and I am just getting ahead of the questions. :) ) (All times Eastern and [close of] ES Bars) - Spydertrader

Your Green and Second Orange trendlines can't represent completed Traverses. They look like they do, but something is missing from each. - Spydertrader

You might want to use software which correctly colors the Price and Volume Bars. The improper Bar coloration may be why your gaussians are off. - Spydertrader

Yesterday (during the latter part of the day), the market formed a Down Traverse, followed by a Lateral. WMCN?. What did the market provide? Gap down, followed by a Lateral Retrace, followed by a Tape. Once the sequences begin (this time in the oppositie[/b] direction, what does the trader...

Your EOD Lateral begins with the Bar prior to the one you have annotated. See if this orientation doesn't change your viewpoint with respect to WMCN this morning. - Spydertrader